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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 54, § 54-1-301: Partner Agent of Partnership

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Where this section sits in the code
  1. OK Code
  2. Title 54

Partner Agent of Partnership. Subject to the effect of a

statement of partnership authority under Section 15 of this act:

(1) Each partner is an agent of the partnership for the purpose

of its business. An act of a partner, including the execution of an

instrument in the partnership name, for apparently carrying on in

the ordinary course the partnership business or business of the kind

carried on by the partnership binds the partnership, unless the

partner had no authority to act for the partnership in the

particular matter and the person with whom the partner was dealing

knew or had received a notification that the partner lacked

authority.

(2) An act of a partner which is not apparently for carrying on

in the ordinary course the partnership business or business of the

kind carried on by the partnership binds the partnership only if the

act was authorized by the other partners.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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